Factors inhibiting entrepreneurial development


The following factors may inhibit entrepreneurial development

  1. Poor or lack of business acumen
  2. Poor marketing techniques
  3. Poor pricing policy or poor casting
  4. Poor networking and benchmarking to expand business horizon, customer base and markets
  5. Negative attitude towards entrepreneurial culture
  6. Lack of achievement motivation
  7. Poor delegation due to belief of self righteousness, confidence or lack of trust in other people.
  8. Inability to uphold new technology, ideas and practices
  9. Failure to utilise time effectively

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